NovaGold wins round in battle over Grace
Vancouver The British Columbia Ministry of Energy, Mines and Petroleum Resources has concluded that three years o…
Gold
Volta Power Cuts to Hit Gold Mines
Low water levels in the Volta River system have led the Ghanaian power generation agency, the Volta River Authority, to begin a program of load management that includes some power cuts to users, inclu…
NovaGold Thwarted in Attempt to Block Barrick Bid
Vancouver — NovaGold Resources (NG-T, NG-X) was dealt a blow recently, when the U.S. District Court of Alaska declined to grant a preliminary injunction that would temporarily suspend Barrick Gold’s…
New World Cuts Higher Grades at Lipea
Vancouver — The second and third holes by New World Resource (NW-V, NWFFF-O) at the Lipea project in southwestern Bolivia indicate a wide zone of higher-grade copper-gold mineralization….
Anatolia Recharges Treasury for Cpler
Vancouver — Anatolia Minerals Development (ANO-T, ALIAF-O) has lined up a $61.5-million financing to fund development of its pler gold project, located about 500 km east-southeast of Ankara in Turk…
Kensington Tailings on Hold
The U.S. Ninth Circuit Court of Appeals in San Francisco has issued a temporary injunction halting construction activities on the tailings dam portion of Coeur d’Alene Mines’ (CDM-T, CDE-N) Kensington…
Newmont Drops Matrix
Vancouver — After spending US$2.2 million on exploration over three years, Newmont Mining (NMC-T, NEM-N) has terminated an option to earn up to a 70% interest in the Matrix gold project west of Arvia…
Drilling and Prestripping Continue at Minto
Vancouver — Recent exploration drilling by Sherwood Copper (SWC-V, SWOPF-O) has intersected additional high-grade mineralization at the Minto copper-gold project being advanced to production in the Y…
New zone shaping up at Turmalina
Drilling by Jaguar Mining (JAG-T) on a target near its Turmalina gold project in Brazil shows potential to increase…
Campbell offering ready for street
A rights offering by Campbell Resources (CCH-T, CBLRF-O) to assist the restructuring of the financially troubled co…
Quimsacocha resource grows (September 27, 2006)
The last season of drilling at the Quimsacocha gold deposit in southern Ecuador has expanded the resource on the pr…
McEwen to battle Goldcorp-Glamis merger
Vancouver – Goldcorp’s (G-T, GG-N) founder and ex-chairman Robert McEwen has dropped the gloves and launched an ope…